The wrecker operator shall have in force a policy of public liability and property damage insurance, which policy shall include the city as an insured, covering the public from any loss or damage that may arise to any person or property by reason of the operation of a wrecker of the company and proving that the amount of recovery on each wrecker shall be in limits of not less than the following sums:
   (A)   For damages arising out of bodily injury to or death or one person in any one accident: $100,000;
   (B)   For damages arising out of bodily injury to or death of two or more persons in any one accident: $300,000;
   (C)   For injury to or destruction of property in any one accident: $50,000;
   (D)   A certificate of general garage liability (Broad Form Property Damage) to cover any damage or theft to any vehicle stored within the permittee's vehicle depository. This coverage will be in the minimum amount of $25,000; and
   (E)   A certificate of cargo insurance to cover damage to a towed vehicle during hook-up and/or towing, in the minimum amount of $25,000.
(Ord. 448, passed 6-11-1985)